About Peter Cohen

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So far Peter Cohen has created 15 blog entries.

Lies, Damned Lies and Poker Machine Expenditure

2011-07-26T04:21:12+00:00

At the end of each financial year the Victorian Commission for Gambling Regulation releases expenditure figures, which is another way of saying player loss, on poker machines. How one should interpret those figures depends on how the information is presented. Each of the following statements is correct: Player loss in 2010/11 showed the lowest positive [...]

Lies, Damned Lies and Poker Machine Expenditure2011-07-26T04:21:12+00:00

Who has the House Advantage?

2011-07-05T06:24:47+00:00

One of Australia’s biggest publicly listed gambling companies was split in two during June. Tabcorp Holdings Ltd, which had owned and operated four casinos as well as various other parimutuel, fixed odds betting, slot and keno activities, spun off its casino business. Tabcorp continues to offer betting, keno and slot machines while a new company, [...]

Who has the House Advantage?2011-07-05T06:24:47+00:00

Extracting Value

2011-06-23T05:40:21+00:00

Recent published data shows Australians love to gamble. How much? The Economist magazine has just published figures showing that Australians gamble around $1,300 per head per annum. This data includes all forms of legalised gambling. On its own, this figure may not elicit much discussion – but when compared with other jurisdictions it becomes clear [...]

Extracting Value2011-06-23T05:40:21+00:00

But Why?

2011-06-02T00:25:08+00:00

Every month for the last nine years I've been monitoring poker machine expenditure (player loss) in Victoria.

But Why?2011-06-02T00:25:08+00:00

“Spending on a rainy day”

2011-05-02T12:58:07+00:00

The VCGR has just published gaming machine expenditure for Victorian pubs and clubs for March 2011. It’s up 5.4% - the largest monthly rise since April 2009. The financial year to date expenditure is running at 2.0%, the highest level since June 2009.

“Spending on a rainy day”2011-05-02T12:58:07+00:00